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Filing year 2024

COOPERATIVA DE AHORRO Y CREDITO MOROVENA

Morovis, Puerto Rico·EIN 66-0329330·501(c)(14)
Total revenue
$6.7M
Total assets
$102.1M
Total expenses
$4.9M
Reported officers
4
Mission

TO PROVIDE FINANCIAL SERVICES AS LOANS, SAVINGS AND ACCOUNTS MAINLY TO LOW INCOME SECTOR OF PEOPLE IN PUERTO RICO. ALSO CREDIT UNION MAKE A SOCIAL INVESTMENT IN THE COMMUNITY.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive President
Key Employee
25th percentile to median
$92k
$98k
Controller
10th to 25th percentile
$57k
$61k
Officer of Compliance
Key Employee
10th to 25th percentile
$43k
$46k
VP Operations
Board Vice President
25th percentile to median
$25k
$27k

Teal figures restate each filed amount in 2026 dollars.

Estimated with national BLS CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Down 3%
from 2023

From $94k in 2023 to $92k in 2024.

$94k
2023
$92k
2024
In today's dollarsEst.
Down 5% in real terms$104k to $98k

Estimated with national BLS CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay fell 3% from 2023 to 2024, while revenue fell 23%.

$94k in 2023 to $92k in 2024.
  • Controller pay fell 10% from 2023 to 2024.
  • Board Vice President pay rose 581% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

COOPERATIVA DE AHORRO Y CREDITO MOROVENA reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.6M
$4.7M
2023
$6.7M
$4.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about COOPERATIVA DE AHORRO Y CREDITO MOROVENA

What does the Key Employee of COOPERATIVA DE AHORRO Y CREDITO MOROVENA earn?

In 2024, the Key Employee of COOPERATIVA DE AHORRO Y CREDITO MOROVENA received $92,053 in total compensation. This pay is below the median (the midpoint) for Key Employee roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at COOPERATIVA DE AHORRO Y CREDITO MOROVENA compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Key Employee at COOPERATIVA DE AHORRO Y CREDITO MOROVENA falls between the 25th percentile and the median.

What are COOPERATIVA DE AHORRO Y CREDITO MOROVENA's revenue and expenses?

In 2024, COOPERATIVA DE AHORRO Y CREDITO MOROVENA reported $6.7M in total revenue and $4.9M in total expenses on its IRS Form 990.

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